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Bullboard - Stock Discussion Forum SilverCrest Metals Inc T.SIL

Alternate Symbol(s):  SILV

SilverCrest Metals Inc. is a Canadian precious metals producer. The Company’s principal focus is its Las Chispas Operation in Sonora, Mexico. The Company is also focused on expanding its resources and reserves, acquiring, discovering, and developing precious metals projects and operating multiple silver-gold mines in the Americas. The Las Chispas Operation is located approximately 180... see more

TSX:SIL - Post Discussion

SilverCrest Metals Inc > as far as the ratio goes
View:
Post by wideopenthrottl on Apr 19, 2023 3:51pm

as far as the ratio goes

2000 Au and 25 Ag makes a ratio of 80:1...it is basically meaningless to me as they will get what they get for gold and they will get what they get for silver those dollar amounts are what matter not a simplified number to make it easier for math challenged people....it really isnt that hard to figure them out separately and add the 2 numbers together....
Comment by stockpunter on Apr 19, 2023 4:59pm
I agree that the profit margins of a company like SIL will be partially and independently determined by the prices of gold and silver.  My point is that the G/S ratio might be useful for anticipating whether gold is due for a push higher or silver is in for a correction.  The ratio is not fixed, but it does vary in interesting ways that reflect physical demand as well as speculative ...more  
Comment by wideopenthrottl on Apr 20, 2023 9:38am
fair enough...there are many factors affecting gold and silver prices independantly from each other and many things that have changed the ratio over the longer term...i just dont think their prices are tethered to a ratio number as much as some do...IMHO
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